This is your divergent recovery, charted
As part of our “questions that are asked an awful lot” series (not really) we have decided to revisit the comparison between the current economic slump and previous...
America, healing? Not in Bob’s world
When you start talking about US growth in 2012, it’s hard to stop. The huge November consumer credit increase being a case in point. Plus a long slew of comfy data on auto sales,...
Crisis! We’ve got new words for the crisis
Sometimes, existing words just don’t cut it and you have to come up with some new ones. Or get your readers to do it for you.In the current economic climate FT Alphaville...
Kaputt
And now you know the German for “stall speed”. Headline changed to better reflect the effects of a slowdown in a major export economy on global growth… (see...
Meltdown [updated -- to rollercoaster]
Nine days of stocks falling. Nasdaq — like the S&P 500 — is now negative for the year. Situation in crude also ugly and the 10-year Treasury yield is advancing down to 2.5 per cent:...
On the brink of a British double-dip
Dramatic, we know. But the ONS has confirmed the economy grew only 0.5 per cent in 2011′s first quarter after its 0.5 per cent fall in 2010′s last three months, and technically…...
The deflation risk is still out there, SocGen says
This is what happens when markets are built on sand (silicon QE, anyone?).They can crumble all too quickly.A reminder of market fragility, from Societe Generale’s cross-asset research team:...
Labor Market Continues to Show Signs of Improvement
Filed under: Employees, Economic Data, Workspace, RecessionAccording to the ADP Employer Services Report, the private sector added 201,000 new jobs in March, basically in-line with 203,000 new jobs that analysts had been expecting to see.
February's fi...
The rantings of an ex-maestro
Alan Greenspan’s latest in CFR’s International Finance, wherein the former Fed chair blames ‘government activism‘ for the current (paltry) state of the US recovery....
Further further reading
For the commute home, and to help you qualify the recovery,- David Wessel spots three storm clouds in the US recovery: oil, rich-country government policy, and emerging market slowdown....
Household deleveraging and consumer-led growth
The onslaught of chart porn begins with the changes in the US personal savings rate for the last five years, updated to reflect Monday’s income and outlays report from the BEA:...
Goldman says don’t fear the rising bond yields
At least, not until they reach 5 per cent mark in Europe.Out on Monday — a Goldman Sachs strategy note arguing that all those rising core bond yields (think US Treasuries,...
